Torqeedo Travel 1103 Tiller on 2040-parts.com

Volkswagen chief: No. 1 in the world by 2018

Volkswagen chairman Martin Winterkorn reaffirmed his company's ambitious and audacious goals on Wednesday night on the eve of the Paris motor show: pass Toyota and General Motors for the title of world's largest automaker in 2018. Winterkorn was the final speaker after an event that featured unveilings from each of the German conglomerate's brands. He said his company wants to record total sales of 10 million in eight years, which would vault it pass the current levels of global leaders Toyota and GM.

Indiana yanks Kruse auction licenses

Kruse Inc., the auction company that sold the famous William Harrah car collection and has been synonymous with auctioning enthusiast automobiles since the 1970s, has lost its licenses in its home state. The Indiana Auctioneer Commission ruled on Tuesday to revoke both of Kruse Inc.'s licenses, and the company has to wait seven years to apply for new ones, said Kelly Butters, a spokeswoman for the Indiana Attorney General's Office. Dean Kruse, president of the auction house, has had his personal license suspended indefinitely.

Nissan will recall 908,900 vehicles globally for accelerator sensor glitch

Nissan is planning to recall approximately 908,900 cars globally due to a flaw in the accelerator sensor that can cause the engine to stall, Reuters is reporting. The vehicles included in the recall were produced in Japan between 2004 and 2013, and include the Serena, X-Trail, Lafesta, and Fuga models. For the U.S.